# Alkami Technology (ALKT.US) Canonical: https://gigainvestors.com/s/ALKT Analysis as of: 2026-10-16T07:26:23.697Z. Listing currency: USD. Reporting currency: USD. ## Verdict Not enough history yet Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no. Share price: $14.23 per share; close as of 2026-10-15. ## Checklist ### understandable: na ### moat: na ### economics: na ### management: na ### accounting: na ## Holders ## Price story Down 64% since Nov 2024 Story as of 2026-10-16T10:01:29.098Z; price observation 2026-10-15. ## Owner memo Memo as of 2026-10-16T08:06:05.509Z. ### How it makes money Operates in software application; annual sales are USD 443.6 million. - Source: https://www.sec.gov/Archives/edgar/data/1529274/000152927426000009/alk-20251231.htm (filed 2026-02-26); FY2025: revenue 443639000; grossProfit 256599000; margin = grossProfit / revenue. ### Why customers stay Margins ranged from 54.4% to 58.9% during 2023–25. - Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); FY2023: grossProfit / revenue = 54.4%. - Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); FY2024: grossProfit / revenue = 58.9%. - Source: https://www.sec.gov/Archives/edgar/data/1529274/000152927426000009/alk-20251231.htm (filed 2026-02-26); FY2025: grossProfit / revenue = 57.8%. ### Where the cash goes Paid dividends in 2 of 5 years. - Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); Dividend observations: [[2021,4969000],[2022,2640000],[2023,0],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement. ### Are managers owners Insiders own 17.7% of the company. - Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); ALKT.US SharesStats.PercentInsiders = 17.688000000000002 percentage points; cache date 2026-10-15. ### What the price says The price is 3.3 times annual sales; cash earnings are negative. - Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); Closing price 14.23 USD; reporting-to-trading FX 1; FY2025 annual sales per share 4.27006273004252; price multiple 3.332503735807718. FY2025 cash earnings/share -0.21446612617648006. Closing-price date 2026-10-15. ## Monthly share-price history (USD per share) - 2021-04: $47.69 per share - 2021-05: $33.27 per share - 2021-06: $35.67 per share - 2021-07: $31.29 per share - 2021-08: $28.56 per share - 2021-09: $24.68 per share - 2021-10: $30.00 per share - 2021-11: $28.69 per share - 2021-12: $20.06 per share - 2022-01: $15.34 per share - 2022-02: $15.76 per share - 2022-03: $14.31 per share - 2022-04: $13.10 per share - 2022-05: $14.05 per share - 2022-06: $13.89 per share - 2022-07: $13.92 per share - 2022-08: $14.50 per share - 2022-09: $15.05 per share - 2022-10: $15.85 per share - 2022-11: $12.57 per share - 2022-12: $14.59 per share - 2023-01: $16.37 per share - 2023-02: $15.36 per share - 2023-03: $12.66 per share - 2023-04: $11.99 per share - 2023-05: $15.00 per share - 2023-06: $16.39 per share - 2023-07: $16.88 per share - 2023-08: $17.42 per share - 2023-09: $18.22 per share - 2023-10: $17.95 per share - 2023-11: $22.77 per share - 2023-12: $24.25 per share - 2024-01: $24.62 per share - 2024-02: $24.95 per share - 2024-03: $24.57 per share - 2024-04: $24.07 per share - 2024-05: $27.43 per share - 2024-06: $28.48 per share - 2024-07: $32.73 per share - 2024-08: $33.34 per share - 2024-09: $31.54 per share - 2024-10: $36.61 per share - 2024-11: $39.47 per share - 2024-12: $36.68 per share - 2025-01: $34.79 per share - 2025-02: $30.84 per share - 2025-03: $26.25 per share - 2025-04: $26.69 per share - 2025-05: $28.64 per share - 2025-06: $30.14 per share - 2025-07: $22.29 per share - 2025-08: $25.60 per share - 2025-09: $24.84 per share - 2025-10: $20.29 per share - 2025-11: $21.32 per share - 2025-12: $23.07 per share - 2026-01: $21.19 per share - 2026-02: $16.55 per share - 2026-03: $15.67 per share - 2026-04: $15.78 per share - 2026-05: $18.17 per share - 2026-06: $18.12 per share - 2026-07: $18.17 per share - 2026-08: $20.40 per share - 2026-09: $13.69 per share - 2026-10: $14.23 per share ## Annual estimated value (USD per share) Historical values use today's bond yield for every fiscal year Historical values use today's FX rate into trading currency for every fiscal year Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates ## Sources [Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1529274/000152927426000009/alk-20251231.htm); period 2025-12-31, filed 2026-02-26. Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights. ## Reported holder observations # ALKT — Alkami Technology Inc. Held by 1 investor · USD 223,003 total · 2024 Q4 · reported price USD 36.63 (split-adjusted). Page: https://gigainvestors.com/s/ALKT ## Holders (2024 Q4) | Investor | Value | % of their portfolio | This quarter | |---|---:|---:|---| | Arnold Van Den Berg (https://gigainvestors.com/VAN) | USD 223,003 | 0.1% | new | ## Total held by quarter - 2021 Q2: USD 5,350,500 · 1 holder · USD 35.67 - 2021 Q3: USD 3,702,000 · 1 holder · USD 24.68 - 2021 Q4: USD 3,009,000 · 1 holder · USD 20.06 - 2022 Q1: USD 0 · 0 holders - 2022 Q2: USD 0 · 0 holders - 2022 Q3: USD 0 · 0 holders - 2022 Q4: USD 0 · 0 holders - 2023 Q1: USD 0 · 0 holders - 2023 Q2: USD 0 · 0 holders - 2023 Q3: USD 0 · 0 holders - 2023 Q4: USD 0 · 0 holders - 2024 Q1: USD 0 · 0 holders - 2024 Q2: USD 0 · 0 holders - 2024 Q3: USD 0 · 0 holders - 2024 Q4: USD 223,003 · 1 holder · USD 36.63 - 2025 Q1: USD 0 · 0 holders